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American Securities To Acquire Technology Consultancy And Solutions Provider Trace3

Sep 28, 2021•almost 4 years ago

Acquiring Company

American Securities

Acquired Company

Trace3

New YorkIrvineFinancial ServicesVenture CapitalPrivacy And SecurityData And AnalyticsInformation TechnologySoftware

Description

American Securities LLC, a leading U.S. private equity firm, announced today that it has entered into a definitive agreement to acquire Trace3, Inc. ("Trace3" or the "Company") from an affiliate of H.I.G. Capital. Financial terms of the transaction were not disclosed.

Company Information

Company

American Securities

Location

New York, New York, United States

About

American Securities is a leading U.S. private equity firm with approximately $26 billion under management. Based in New York with offices in Shanghai, the firm invests in market-leading North American companies with annual revenues generally ranging from $200 million to $2 billion. Our mission is to generate superior returns by making investments in great businesses and helping management better them.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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